Bloomberg
After creating havoc in the power and natural gas markets, the next commodity sector causing concern in Texas is the state’s enormous oil refining industry, where installations are being forced offline by the big freeze. The largest refineries in North America were shutting down Monday because of arctic conditions that have cut electricity, water and fuel supplies across Texas. More than 3 million barrels of daily oil-processing capacity has been idled in the wake of the record-setting cold, according to consultant Energy Aspects Ltd. More
If they only had some oil to provide the heat to keep things running….
The new administration will help by inflicting more damage to the America economy and helping out other nations in order to receive kickback and favors for global pals. Warm up that pen Joey.
It’s Trump’s fault.
I guess I might just have to put another log on the fire.
My Toy Hauler has a 50 gallon fueling station tat the gen taps into and people ask me why I pump what is in it into my vehicles at the end of hunting season and put fresh gasoline in it every winter before storing it until spring.
I can pull up beside it and fill my vehicles tank up a couple times, or move in and run the gen for a four months and fairly comfortably if it comes to that.
The Exxon refinery in Baytown, TX is flaring big time.
Remember: Trump topped off our strategic oil reserves.
We have plenty of fuel. But biden will hide it, to panic and hurt Texas – and the rest of us.
^^^ Yes. I was just telling someone that last week.
It’s like an Ayn Rand novel.
Remember China cares…
Now roll over!
I’ll bet China was telling someone that just last week as well!
Due to the globull warming in Oklahoma, the gas wells are freezing up and the utilities are having a hard time keeping the gas pumping stations up.
Oil refineries and petrochemical plants are remarkable places. I spent 35 years operating them and keeping them running. Keeping them running in very cold weather was the most daunting work I ever did other than getting them running again after cold weather disables them. Most people have no idea of the complexity of those plants.